We know the time, energy and resources that go into finding your next hire. So how can you improve and streamline your recruitment? A Recruitment Process Outsourcing structure may be the right solution for you.
Recruiters understand the needs of your business
A good recruitment specialist is of incalculable worth and is an extension of both your brand and business. Recruitment specialists strive to meet the goals and ambitions of your candidates, assist in forging relationships between both candidate and company, and sequentially leave a positive image of your brand, even with unsuccessful candidates.
With that said, recruiters are great for hard to fill jobs. They have engaged talent pools and connections to the passive candidate market - those who aren't actively applying for positions on platforms such as LinkedIn or Seek.
We recommend your business partners with a recruitment specialist relevant to your industry. For example, if you work within the insurance industry, you would seek someone specialising in insurance recruitment. They will not be a generalist; they will have a good understanding of the insurance industry and the technical requirements of each role. They will also have connections to industry networks and associations.
What is Recruitment Process Outsourcing?
An RPO is when a business outsources its recruitment requirements to an external business. Solutions differ depending on the needs of the client. Some organisations may transfer all recruitment over to an RPO or have an RPO as an extension of their current internal recruitment team. Overall, an RPO is put in place to better the current process and meet the same goals.
What are the benefits of an RPO?
Not only does an RPO provide recruitment solutions, but there are also many other perks this partnership can bring. We've summarised five benefits an RPO can bring to your business:
1. Define and streamline your recruitment process
Streamline your recruitment by identifying with a specialist what you're looking for in your next hire. Building an internal recruitment team can be challenging, and time and resources are scarce for some businesses. An RPO has already done all the hard work with the processes and infrastructure established for you. If you already have an internal recruitment team or HR, you benefit from experts that can work collaboratively with your current team.
2. Cost Reduction
As the old saying goes, time is money. Establishing an RPO can be cheaper for your business in the long run. Paying a recruitment specialist each time you hire someone, particularly if your business is consistently hiring or onboarding a high volume of employees, can cost you more in the long run. Sourcing candidates and posting job ads in a candidate-driven market can also become expensive, particularly when regular job ads no longer deliver the volume of applications they did pre-COVID. An RPO can also scale up or down depending on the demands and needs of your recruitment at the time.
3. Quality candidates
The purpose of an RPO is to invest time sourcing, interviewing, and shortlisting the cream of the crop for your business. Recruitment specialists within an RPO are already actively engaged with candidates and have a strong talent pool. They will ensure your next employees have the skills, attitude, and dedication to complement your business.
4. Time efficiency
RPO's are structured to understand the importance of moving quickly with suitable candidates. If your current recruitment process is lengthy, then you are more likely to run into roadblocks. In a candidate-driven market, we understand the frustration of potential hires accepting an offer before you even get a chance to make one. An RPO can assist you in saving the time to source, follow up, negotiate, ensure compliance and all other paperwork associated with a new hire.
Ensuring that your candidate's experience is smooth and seamless assists both the employee and the employer understand where both parties stand. Some candidates may feel lost in the recruitment process with larger entities when dealing with different departments. An RPO can eliminate this for you and enforce a structure that ensures the candidate deals with one consultant from start to finish. Secondly, consistency is essential as a business. Constant reassurance and understanding your RPO has a solid process to effectively onboard candidates is beneficial from a cost and time perspective.
In summary, an RPO understands your business needs, they are specialists in their fields and most importantly, understand the markets. Be sure to do research and remember, quality recruiters, produce quality candidates.
If you would like to learn more about whether an RPO could benefit your business, fill in the form below, and one of our consultants will be in contact with you soon.
About the Author
Alyana has joined the Fuse Team as a Recruitment Resourcer, specialising in Insurance for a global client within an RPO. With an additional 5 years of customer service experience, she prides herself on delivering tailored solutions, fostering relationships, and providing seamless client service.
Alyana is passionate about Public Relations/Communications and really enjoys the process of finding strategic and effective ways to communicate with individuals from all types of backgrounds.